Utility Pages
Cost of Living · Tennessee

Knoxville Cost of Living

Knoxville, Tennessee costs approximately 8.0% below the US national average. Compare with 99 other major US cities.

0.92×
cost-of-living index (1.00 = US national average)
Knoxville ranks 2 of 3 cities in Tennessee by cost of living.
Cities MORE expensive than Knoxville (75)
San Francisco, CA
+57.6% more expensive
Oakland, CA
+46.7% more expensive
New York City, NY
+43.5% more expensive
Honolulu, HI
+41.3% more expensive
Irvine, CA
+41.3% more expensive
Los Angeles, CA
+32.6% more expensive
Boston, MA
+32.6% more expensive
San Diego, CA
+31.5% more expensive
Yonkers, NY
+30.4% more expensive
Anchorage, AK
+30.4% more expensive
Seattle, WA
+28.3% more expensive
Long Beach, CA
+28.3% more expensive
Anaheim, CA
+28.3% more expensive
Scottsdale, AZ
+28.3% more expensive
Chula Vista, CA
+25.0% more expensive
Miami, FL
+21.7% more expensive
Portland, OR
+19.6% more expensive
Newark, NJ
+19.6% more expensive
Sacramento, CA
+19.6% more expensive
Riverside, CA
+19.6% more expensive
Denver, CO
+17.4% more expensive
Chicago, IL
+14.1% more expensive
Austin, TX
+14.1% more expensive
Baltimore, MD
+14.1% more expensive
Stockton, CA
+14.1% more expensive
Aurora, CO
+14.1% more expensive
Hialeah, FL
+14.1% more expensive
Frisco, TX
+14.1% more expensive
Las Vegas, NV
+13.0% more expensive
Minneapolis, MN
+13.0% more expensive
Plano, TX
+13.0% more expensive
Chandler, AZ
+13.0% more expensive
Phoenix, AZ
+10.9% more expensive
Philadelphia, PA
+10.9% more expensive
Atlanta, GA
+10.9% more expensive
Tampa, FL
+10.9% more expensive
Henderson, NV
+10.9% more expensive
Reno, NV
+10.9% more expensive
Gilbert, AZ
+10.9% more expensive
Charleston, SC
+10.9% more expensive
Salt Lake City, UT
+10.9% more expensive
Orlando, FL
+9.8% more expensive
Wilmington, DE
+8.7% more expensive
Raleigh, NC
+8.7% more expensive
Virginia Beach, VA
+8.7% more expensive
St. Paul, MN
+8.7% more expensive
Chesapeake, VA
+8.7% more expensive
North Las Vegas, NV
+8.7% more expensive
Boise, ID
+8.7% more expensive
Fresno, CA
+8.7% more expensive
Worcester, MA
+8.7% more expensive
Dallas, TX
+7.6% more expensive
Nashville, TN
+7.6% more expensive
Colorado Springs, CO
+7.6% more expensive
Bakersfield, CA
+7.6% more expensive
St. Petersburg, FL
+7.6% more expensive
Madison, WI
+7.6% more expensive
Norfolk, VA
+6.5% more expensive
Jacksonville, FL
+5.4% more expensive
Charlotte, NC
+5.4% more expensive
Mesa, AZ
+5.4% more expensive
Houston, TX
+4.3% more expensive
Fort Worth, TX
+4.3% more expensive
Tucson, AZ
+4.3% more expensive
Glendale, AZ
+4.3% more expensive
Garland, TX
+4.3% more expensive
Spokane, WA
+4.3% more expensive
Pittsburgh, PA
+3.3% more expensive
Arlington, TX
+3.3% more expensive
Tallahassee, FL
+3.3% more expensive
Milwaukee, WI
+2.2% more expensive
Albuquerque, NM
+2.2% more expensive
New Orleans, LA
+2.2% more expensive
San Antonio, TX
+1.1% more expensive
Grand Rapids, MI
+1.1% more expensive
Cities CHEAPER than Knoxville (16)
El Paso, TX
−1.1% cheaper
Cleveland, OH
−1.1% cheaper
St. Louis, MO
−1.1% cheaper
Winston-Salem, NC
−1.1% cheaper
Indianapolis, IN
−2.2% cheaper
Louisville, KY
−2.2% cheaper
Omaha, NE
−2.2% cheaper
Memphis, TN
−3.3% cheaper
Oklahoma City, OK
−3.3% cheaper
Lincoln, NE
−3.3% cheaper
Birmingham, AL
−4.3% cheaper
Toledo, OH
−4.3% cheaper
Lubbock, TX
−4.3% cheaper
Wichita, KS
−6.5% cheaper
Fort Wayne, IN
−6.5% cheaper
Mobile, AL
−6.5% cheaper

What living in Knoxville costs

Knoxville carries a cost index of 0.92x the national baseline, placing it above 16 of the 99 metros tracked and below 75. Rent runs about $1,150 monthly; the median home is near $320,000.

The price-to-rent ratio here is roughly 23, which is high. Above about 20, renting and investing the down payment usually beats buying over a normal holding period — the purchase price is steep relative to what the same property earns as a rental.

Working and living here

Knoxville is a metro of roughly 0.9M and growing steadily, running on higher education/research, healthcare, manufacturing. Larger employers include University of Tennessee, Oak Ridge National Laboratory (nearby), Covenant Health.

Tennessee levies no state income tax and Knoxville adds no local one, so the only income tax withheld here is federal. That is worth several thousand dollars a year against a comparable salary in a taxing state — though property and sales taxes in no-income-tax states tend to run above average, so the advantage narrows once you buy.

Getting around: Knoxville is effectively car-dependent. Budget for a car — around $9,000 a year all-in once insurance, fuel, maintenance and parking are counted, a cost the index assumes but does not itemise.

Climate: January highs near 48°F/lows near 30°F; July highs near 87°F/lows near 68°F, humid.

Tennessee has no state income tax on wages, one of the lowest overall tax burdens among mid-size US metros, and sits at the gateway to Great Smoky Mountains National Park, the most-visited national park in the US.

Related tools

Paycheck calculator — take-home after federal, state and local tax. Salary calculator — pay by job and state. Compare against another metro.

Frequently Asked Questions

Is Knoxville expensive to live in?▾
Relative to the US average, no — the cost index is 0.92x, above 16 and below 75 of the 99 other metros tracked here. A one-bedroom averages $1,150 a month and the median home $320,000.
What salary do you need to live comfortably in Knoxville?▾
A common rule keeps rent under 30% of gross income, which at $1,150 a month implies about $46,000 a year for a one-bedroom. That is a floor rather than a comfortable figure — it leaves nothing for savings or the car this metro effectively requires.